TBD FM 601, Albany, Texas, 76430
Just outside the beautiful town of Albany, TX sits this 92 acre gem to be surveyed out of a larger ranch. This property boasts paved road access along two sides, 35 cultivated acres planted with coastal and wheat, well established side x side trails, and peace of mind in central Texas. Shackelford County is known for massive whitetail deer, turkey, and pigs. There is a large scale dove hunting ranch bordering this one to the north that will undoubtedly bring in birds over this property. With road frontage just off of the pavement, access is easy.
There are two active oil wells on this piece of property that are producing up to 1.5 barrels of oil per day! As of 1/25/22 a barrel of oil is selling for $89. That comes out to over $32,000 per year. That will pay for this land. Do you fancy yourself a farmer? If so, this is the spot for you. There are 35+/- cultivated acres already being farmed. Bring your tractor and some seed and you'll be up and growing in no time. These could also be planted as food plots for wildlife. You could plant sunflowers to bring in the birds, or you could let it go back to native grasses and return the land back to its original glory.
Located between DFW and Lubbock and only 40 miles from Abilene and Interstate 20, you can still live in town and have a recreation or weekend retreat without having to drive half of a day to get here. The town of Albany is only about 3 miles away and with its tourism, downtown shopping, and true small town vibe, you will surely fall in love with the area.
With over 1500 ft of paved road frontage and no restrictions, the possibilities are endless. This property checks all the boxes. This is Lot #3 and is part of a larger ranch with more acreage available. Minerals rights are available. Currently ag exempt. Great barbed wire fence along the road. Reserve the oil for yourself and subdivide this 92 acres. The income potential with this piece is knocking on the door.